Word: californiaisms
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Dates: during 1960-1969
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...followed Serra to California were lusty freebooters (Puritans, for some reason, had little zest for ?l Dorado). The trait they shared was an ability to build what Historian Arthur M. Schlesinger, Sr. approvingly called "a special brand of democracy, one based on the notion that the best good of all was served by everyone looking out for himself...
...following World War II?were mostly the staid Midwesterners and Southerners who came to buy so many square feet of sunshine, and the blue-collar workers who filled the factories; hence the heavy strain of conservatism that characterizes the region. The third state, running the length of inland California, is largely agricultural and might as well be East Texas with mountains. The fourth state, defying all maps and imagination, is Hollywood...
Taken together, all the component parts have generated a mighty economic machine. California's gross "national" product keeps pushing upward, is now calculated at an annual rate of $108.8 billion, placing the state sixth in wealth among all the nations of the world. Its $4.3 billion agribusiness turns out 200 farm products...
...history of California's business enterprise reads almost like a parody of a chamber-of-commerce oration. In 1904 an immigrant's son, Amadeo Peter Giannini, founded a poor man's bank in a San Francisco saloon. Today the Bank of America is the world's largest, with assets of $25 billion, 952 Stateside branches and 94 overseas, and a creditcard system used by 25 million worldwide subscribers. Another poor boy. Charles B. ("Tex") Thornton, who started out as a government clerk, is one of the pioneers of the conglomerates with his Litton Industries. It was California that sent...
Electronics, oil, food processing, insurance, Savings and Loan associations, construction?all have been added to the spectrum of California's economic life. Not the least of the benefits of this vitality is the workers' share. California's wage earners constitute a mass aristocracy that takes home about $1.5 billion every week; their per capita income ($4,111) is higher than that of any other state or any country on earth. Here too, think tanks like the Rand Corp. have evolved and become indispensable. With extraordinary skill ?and hubris?their staffers tackle virtually every problem in America, from campus riots...